Velocity Global

Editor's Rating:

Velocity Global is a global employment solution for organizations to streamline their overall HR operations right from onboarding, managing & paying employees

HR Stacks Reviews

0.0 out of 5 stars (based on 0 reviews)

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What is Velocity Global?

Velocity Global is a leader in global employment solutions, providing scalable global payrolls and compliance services to empower companies to build truly international teams. If you are looking for a quality EOR solution, Velocity Global is a handy option.

With expert local support teams in over 185 countries, Velocity Global allows businesses to compliantly hire, pay, and manage employees across the globe using a single platform that simplifies the complexities of cross-border payroll, compliance, and benefits administration.

The company’s cloud-based global work platform offers core features such as centralized employee records, global payroll processing in over 100 currencies, HR functions including benefits enrollment and PTO requests, robust reporting and analytics, customizable workflows, and seamless API integration with existing systems.

Additionally, clients can leverage Velocity Global’s immigration case management for work visas and permit applications and global insurance and benefits plans tailored for remote workers.

Velocity Global is Good For

Core HR

Employer Of Record

Velocity Global Reviews, Pricing, Features, Pros and cons

0.0

About Velocity Global

+ Company: Velocity Global LLC

+ Est: 2014

+ Employees: 501-1000

+ HQ: Denver, Colorado, United States

Support Offered

Email Support, Tutorial Videos & Documentation

Velocity Global Top Features

Global payroll processing

Employer of record and agent of record services

Immigration case management and visa applications

Centralized employee records and HRIS

Compliant contractor and freelancer management

Customizable compensation and pay schedules

Online global benefits enrollment and selections

Time-off tracking and accrual management

Configurable user roles and permissions

Custom reporting, analytics, and dashboard views

Seamless API integration capabilities

Tax filing, remittance, and compliance

Online global expenses and invoices

Talent sourcing and onboarding workflows

Coworking space partnerships worldwide

Support for individual payees and vendors

Audit preparation and human resources services

Velocity Global Pros & Cons 2024

Pros

Global reach, local expertise

Reduced burden, lower risks

Streamlined international hiring

Expert immigration guidance

Control over global operations

Tailored benefits worldwide

Cons

Variable pricing, budgeting challenge

Third parties add unpredictability

May not fit niche industries

Velocity Global Pricing 2024

While Velocity Global does not publicly disclose set pricing, quotes are customized based on several factors, such as the number of countries you need support in, the number of employees, and payroll frequency.

Generally, fees range between 5-10% of total annual payroll costs. For example, a company with a $5 million yearly payroll that needs services across ten countries would pay around $250,000 - $500,000 annually.

This all-inclusive fee covers global payroll processing, tax and compliance filings, and core HR services.

Global Employer of Record (EoR)

Custom Price

Compliant hiring and onboarding
Accurate payroll
Effortless offboarding
Local, on-the-ground compliance experts partner with you through the process in 185+ countries

Global EoR Add-ons

Custom Price

Medical Insurance
Life and AD&D Plans
Pension Plans
Business and Work Visas
Relocation and Assignments
Consular Support
Vital Document Concierge

Multi Country Payroll

Custom Price

Automated and consolidated payroll that reduces manual entry and errors.
Local, in-country experts in over 35 countries to ensure a quality payment process.
Easy expense and time management

Agent Of Record (AoR)

Custom Price

Evaluation of contractor qualification
Collection, maintenance and storage of vital contractor documents
Creation and execution of contractor agreements
Compliant onboarding, invoicing, payment and offboarding.

Contractor Payments

Custom Price

Easy client and contractor management.
Quick and easy invoicing and payments.
Complimentary access to localized, expert-vetted, contract templates.
Secure document storage.

Velocity Global Quick Comparison Table

Product Name	Free Plan	Starting Price	User Satisfaction Score	HRS Rating
Remote.com	Yes	$29/Month	92.5	0.0
Oyster HR	No	$29/Month	91.75	4.8
Multiplier	No	$40/Month	92.5	5.0
Remofirst	No	$25/Month	92.25	0.0
HiBob	No	Custom Price	89	0.0
monday.com HR	Yes	$9/User	90	4.5
Paycom	No	Custom Price	88.5	0.0
Paylocity	No	Custom Price	89.75	0.0
Rippling	No	$8/User	93	5.0

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Velocity Global User Sentiments Data

The overall score given by HR Stacks author for each of these parameters is based on a number of aspects such as community sentiment about the product, comparative pricing, overall features offered, value for money based on what users get for the amount paid.

Ease of Use

Users consistently praise Velocity Global’s platform for its intuitive interface and ease of navigation. Feedback often mentions that the onboarding process is straightforward, making it accessible even for users without extensive HR or global business experience.

User Sentiment Score

90%

Features

Users highlight specific features like compliance management and payroll services as robust and effective. Many appreciate the integration of these features into a single platform, which simplifies global HR management tasks.

User Sentiment Score

92%

Value For Money

Positive sentiment reflects users feeling that Velocity Global offers good value, particularly for businesses looking to expand internationally. Some users mention cost savings and efficiency gains achieved through using Velocity Global’s services.

User Sentiment Score

92%

Customer Support

Users generally express satisfaction with Velocity Global’s customer support, describing it as responsive and knowledgeable. There are occasional mentions of longer response times during peak periods, but overall, support is seen as effective in resolving issues.

User Sentiment Score

90%

Velocity Global FAQs

Q. How quickly can I onboard new hires in other countries?

Velocity Global aims to complete the onboarding process on average within 2-4 weeks. For more urgent hires, expediting the process within 1-2 weeks may be possible, depending on the country and position requirements.

Q. Is there a minimum number of employees required?

No, there is no minimum employee count. If needed, Velocity Global can support clients with just one or two global hires.

Q. Does Velocity Global offer localized payroll in different currencies?

Yes, Velocity Global pays employees in over 100 currencies worldwide so that pay can be issued in each country's local currency according to your international team's needs.

Q. Can I still use my existing HRIS or payroll system along with Velocity Global?

Yes, Velocity Global's open API platform seamlessly integrates with all major HRIS, payroll, and other 3rd party systems. This allows you to continue leveraging your preferred existing tools.

Q. What benefits does Velocity Global provide for employees?

Core benefits typically include health insurance, paid time off, parental leave, professional development stipends, and retirement provisions for eligible countries. Additional voluntary benefits are also available

Q. How are contractors and freelancers supported?

Velocity Global's platform facilitates all global contractor and freelancer management needs, including invoice, payment, compliance, and insurance.

Q. What kinds of industries do they specialize in?

While Velocity Global services all kinds of businesses, some focus sectors include technology, professional services, media/entertainment, etc.

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Get Started With Velocity Global

Best For Global Team and Payroll Management

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Overall Velocity Global Rating

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What is Velocity Global?

Velocity Global is Good For

Velocity Global Reviews, Pricing, Features, Pros and cons

Velocity Global Top Features

Velocity Global Pros & Cons 2024

Velocity Global Pricing 2024

Velocity Global Quick Comparison Table

Popular Velocity Global Comparisons

Remofirst vs. Velocity Global

Velocity Global vs. Multiplier

Velocity Global vs. GoGlobal

Rippling vs. Velocity Global

Deel vs. Velocity Global

Velocity Global vs. Remote

Velocity Global User Sentiments Data

Ease of Use

Features

Value For Money

Customer Support

Velocity Global FAQs

Get Started With Velocity Global

Velocity Global Alternatives

Remote.com

Oyster HR

Multiplier

Remofirst

HiBob

monday.com HR

Velocity Global: Recent Reviews

Submit Your Review For Velocity Global

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